Oman Debt to GDP Ratio Halves to 30%
Oman's debt-to-GDP ratio has decreased from 60% to over 30% within the last three to four years. The government is prioritizing oil-driven GDP growth, which is currently performing at approximately 3% to 4%. Additionally, six large state-owned companies have undergone IPOs in the stock market over the last 18 months. The country is positioned as a potential beneficiary of ongoing regional conflicts due to these macroeconomic fundamentals.
Topics
Developing
- 907d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 907d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 907d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 907d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
RTHK Radio 3 HK
“In the last three or four years, they emerged from in a very strong economic position that debt to GDP has half from 60% over 30%.”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade